Germans love David Hasselhoff. Now add "asset managers" to the list of things American that Germans desire.
According to a
( ALVZ) is in takeover talks with three American asset managers:
Waddell & Reed
Gabelli Asset Management
. That's all happening while Allianz is talking with asset management company
If there is a deal, it would be the latest in a feeding frenzy by Allianz, which bought bond fund manager
earlier in the year. Foreign takeovers of American fund managers have been spurred along by the weak euro, increased demand for equities and globalization.